All the news from Keningtons.
Jeremy Sutton in the Swindon office is pleased to announce that acting on behalf of a private property company,Keningtons have completed the sale of Old Swan Yard in Devizes to another private property company. Old Swan Yard is a Grade II listed courtyard development containing 9 small retail units including a cafe and bakery, basement restaurant and two first floor office suites. The scheme was fully let producing an income of approximately £185,000.
The Swindon office are pleased to announce that they have been instructed by Swindon Borough Council to market a 0.785 acre development site in Stratton St Margaret, Swindon. The site contains a Grade II listed building and benefits from an adopted Development Brief which allows for the conversion of the Listed Building to a single dwelling and the development of 4 detached dwellings on the remainder of the site. The site could also be suitable for C2 uses or a continuation of the current B1 and D1 uses. Contact Jeremy Sutton in our Swindon office for further information.
Keningtons are pleased to announce that Tom Welham has joined Keningtons as a Partner to expand and increase the profile of the London Agency Team. Tom qualified as a Chartered Surveyor in 2003 and has over 17 years experience working in the agency sector with a focus on retail. Tom’s landlord clients have included Hammerson, Westfield, Targetfollow, Hermes Investment Management, Legal & General and Aviva.
Keningtons Valuation Team are instructed on several portfolio valuations for investor clients following the removal of the CGT exemption on commercial property held by non-UK residents. Formal valuations prepared round the base date (6 April 2019) will be beneficial in any discussions with HMRC on future disposals. For any enquiries please contact Jill Howells.
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